To ensure that you pay the correct amount of tax and file correct tax returns with HMRC, it is vital that you keep complete and accurate business records. This applies regardless of whether you are running a business as a sole trader or in partnership or operating a...

Late payments – a big concern for small business owners! In an ideal world, all businesses would be paid on time, or even early, for their products and services. And while there are some people out there who are diligent in their payment efforts, sadly there are...

As a business owner, there are a lot of things you need to focus on. And even when you’re settling down to just work on one area of the business, you will quickly discover that there are dozens of tasks, reports and other information you need to process and use....

As a business owner, one of your ambitions is to run a profitable business right? We can say that with confidence, because it is the mark of a business that is not only covering its costs, but actually making money too – a staple of a successful business. It’s a goal...